Future Financings definition

Future Financings. From the date hereof until such time as the Purchaser no longer holds any of the Securities, in the event the Company issues or sells any shares of Common Stock or securities directly or indirectly convertible into or exercisable for Common Stock (“Common Stock Equivalents”) or amends the transaction documents relating to any sale or issuance of Common Stock or Common Stock Equivalents, if a Purchaser reasonably believes that the terms and conditions thereunder are more favorable to such investors as the terms and conditions granted under the Transaction Documents, upon notice to the Company by such Purchaser the Company shall amend the terms of this transaction and the Transaction documents so as to give the Purchasers the benefit of such more favorable terms or conditions.
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Future Financings has the meaning set forth in Section 3.2(q).
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Future Financings means the aggregate gross proceeds of any sales of equity securities of the Company (including the Notes or any other securities convertible into equity securities of the Company), and the aggregate gross proceeds of any corporate partnering or corporate licensing transactions, but shall exclude the sale of products in the ordinary course of business and revenues resulting from any agreement in effect as of the Closing Date. Without limiting the generality of the foregoing, such Future Financing includes: (a) all payments made for equity securities, equity security rights or similar rights, (b) technology acquisition or access fees or similar up-front payments, (c) other future payments to be made to the Company, any of its affiliates or its employees for the benefit of the Company, for which the payor is obligated either absolutely or upon the attainment of milestones, (d) funding provided by any investor (through reimbursement or otherwise) relative to research and development, clinical trials and related expenditures, provided that such work is performed or managed by the Company or any of its affiliates and (e) the repayment or assumption by any party of obligations of the Company or any of its affiliates, including indebtedness for money borrowed or amounts owed by the Company or any of its affiliates to inventors or owners of technology. It is further understood that Future Financings shall not be reduced by the amount of any expenses, fees, discounts or commissions incurred during the undertaking of such financing. If necessary, the Directors of the Company will elect each such person to the Board of Directors of the Company by creating a new position on the Board of Directors promptly following such person's nomination by Purchasers and shall nominate such person for election in connection with any stockholder vote for Directors, and the Company will use its best efforts to ensure that the stockholders of the Company agree to vote all their securities in favor of such person's election. The Company agrees to vote all voting securities for which the Company holds proxies, granting it voting discretion, or is otherwise entitled to vote, in favor of, and to use its best efforts in all respect to cause, the election of each such individual proposed by the Partnership and the Trust. In the event that a vacancy is created on the Board of Directors at any time by the death, disability, resignation or removal (with or without cause) of any such individual ...
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Examples of Future Financings in a sentence

  • Future Financings - The Company's continued operation will be dependent in part upon its ability procure additional financing.

  • Financings in which the Company receives proceeds of one million dollars or greater or excluded from the Terms of Future Financings.

  • Future Financings Fluid will be prohibited from completing a financing, except if the “use of proceeds” from such financing is to redeem the Debentures.

  • The Company shall provide each Purchaser with (i) express prior written notice of a Future Financing, and (ii) all required documentation requested by the Purchaser related to any Future Financing all no later than ten (10) business days prior to the final date of the offering period (or other applicable investment period) for any such Future Financings.

  • Future Financings We will continue to rely on equity sales of our common shares in order to continue to fund our business operations.

  • Future Financings We will continue to rely on equity sales of our common shares and debt proceeds in order to continue to fund our business operations.

  • Liquidity Concerns and Future Financings To remain solvent, the Company will require additional funds.

  • Liquidity Concerns and Future Financings The Company will require significant capital and operating expenditures in connection with the development of software platform and the operation of its auction and finance portal services.

  • SEC Report The defendants relied on the fact that Mr Hislop, a member of the board of directors and the chief financial officer of Nation Wyoming who had as of 15 March 2016 resumed on an interim basis the duties of president and chief executive officer, certified the SEC Report on 14 February 2017, including the following statement under the heading "Future Financings": As of December 31, 2016, we had cash of $393,434.

  • Subject to Section 2.2 and Section 2.3, each Other Major Preferred Holder hereby agrees to vote the Shares that such Other Major Preferred Holder owns or over which such Other Major Preferred Holder otherwise exercises voting power, to vote (in person, by proxy or by action by written consent, as applicable) to waive the Special Mandatory Conversion and any Pay-to-Play Provisions that may be implemented in the future, if any, in connection with Future Financings (the “Conditional Waiver”).


More Definitions of Future Financings

Future Financings means THE AGGREGATE GROSS PROCEEDS OF ANY SALES OF EQUITY SECURITIES OF THE COMPANY (INCLUDING THE NOTES OR ANY OTHER SECURITIES CONVERTIBLE INTO EQUITY SECURITIES OF THE COMPANY), AND THE AGGREGATE GROSS PROCEEDS OF ANY CORPORATE PARTNERING OR CORPORATE LICENSING TRANSACTIONS, BUT SHALL EXCLUDE THE SALE OF PRODUCTS IN THE ORDINARY COURSE OF BUSINESS AND REVENUES RESULTING FROM ANY AGREEMENT IN EFFECT AS OF THE BRIDGE CLOSING DATE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, SUCH FUTURE FINANCING INCLUDES: (A) ALL PAYMENTS MADE FOR EQUITY SECURITIES, EQUITY SECURITY RIGHTS OR SIMILAR RIGHTS, (B) TECHNOLOGY ACQUISITION OR ACCESS FEES OR SIMILAR UP-FRONT PAYMENTS, (C) OTHER FUTURE PAYMENTS TO BE MADE TO THE CORPORATION, ANY OF ITS AFFILIATES OR ITS EMPLOYEES FOR THE BENEFIT OF THE CORPORATION, FOR WHICH THE PAYOR IS OBLIGATED EITHER ABSOLUTELY OR UPON THE ATTAINMENT OF MILESTONES, (D) FUNDING PROVIDED BY ANY INVESTOR (THROUGH REIMBURSEMENT OR OTHERWISE) RELATIVE TO RESEARCH AND DEVELOPMENT, CLINICAL TRIALS AND RELATED EXPENDITURES, PROVIDED THAT SUCH WORK IS PERFORMED OR MANAGED BY THE CORPORATION OR ANY OF ITS AFFILIATES AND (E) THE REPAYMENT OR ASSUMPTION BY ANY PARTY OF OBLIGATIONS OF THE CORPORATION ANY OF ITS AFFILIATES, INCLUDING INDEBTEDNESS FOR MONEY BORROWED OR AMOUNTS OWED BY THE CORPORATION OR ANY OF ITS AFFILIATES TO INVENTORS OR OWNERS OF TECHNOLOGY. IT IS FURTHER UNDERSTOOD THAT FUTURE FINANCINGS SHALL NOT BE REDUCED BY THE AMOUNT OF ANY EXPENSES, FEES, DISCOUNTS OR COMMISSIONS INCURRED DURING THE UNDERTAKING OF SUCH FINANCING.
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Related to Future Financings

  • Financings shall have the meaning set forth in Section 5.1(a).

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • New Financing has the meaning specified in Section 2.04(a).

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, (b) the borrowing of Loans hereunder and the use of the proceeds thereof and (c) the issuance, amendment or extension of Letters of Credit hereunder and the use of proceeds thereof.

  • Investment Agreements or “Flow-Through Agreements” means written agreements pursuant to which the Partnership will subscribe for Flow-Through Shares (including Flow-Through Shares issued as part of a unit) or agreements by the Partnership to otherwise invest in or purchase securities of a Resource Issuer, and in respect of Flow-Through Shares comprised of units, the Resource Issuer will covenant and agree:

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Refinancings shall have a meaning correlative thereto.

  • Special Purpose Financing means any financing or refinancing of assets consisting of or including Receivables of the Company or any Restricted Subsidiary that have been transferred to a Special Purpose Entity or made subject to a Lien in a Financing Disposition.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • UCC Financing Statements means any financing statements required or permitted to be filed in accordance with the UCC.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • Exit Financing means the financing under the Exit Facility.

  • Financing has the meaning set forth in Section 5.7.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).